Columbia, S.C.—July 19, 2011—SpeedBuilder Systems, LLC, a leading provider of software and services for the insurance industry, today announced a partnership with PEER 1 Hosting, enabling SpeedBuilder to offer its BindExpress Policy Administration Suite as a software-as-a-service (“SaaS”) solution.  

“This new offering is perfect for small to mid-sized insurance carriers who embrace IT as a business strategy, but who may not have the time, budget, or expertise to do it themselves,” said Rod Giess, President of SpeedBuilder Systems, Inc.  “Using the BindExpress Suite running on the PEER 1 platform will enable them to compete with virtually any of the national players.”

 

About PEER 1 Hosting
PEER 1 Hosting is one of the world’s leading IT hosting providers. The company is built on two obsessions: Ping & People. Ping, represents its commitment to best-in-breed technology, founded on a high performance 10Gb FastFiber Network™connected by 17 state-of-the-art data centres, 21 points-of-presence and 10 colocation facilities throughout North America and Europe. People, represents its commitment to delivering outstanding customer service to its more than 10,000 customers worldwide, backed by a 100 percent uptime guarantee and 24x7x365 FirstCall Support™. PEER 1 Hosting’s portfolio includes Managed Hosting, Dedicated Serversunder the ServerBeach brand,Colocation and Cloud Services. Founded in 1999, the company is headquartered in Vancouver, Canada, with European operations headquartered in Southampton, UK. PEER 1 Hosting shares are traded on the TSX under the symbol PIX. For more information visit: www.peer1.comor www.peer1hosting.co.uk.

About SpeedBuilder Systems                      

SpeedBuilder Systems, LLC (www.speedbuildersystems.com) offers large enterprise-class solutions for small-to-medium sized P&C insurance carriers.  The BindExpress Suite is an integrated set of components including policy administration, rating, automated underwriting, agent and consumer portals, product configuration, billing, automated workflow, analytics, and document generation. Built using open source technologies, the BindExpress Suite improves ease-of-doing-business for both consumers and professionals, reduces the time-to-market for delivering new products, and extends the life of both new and legacy systems.